Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Premier Oil Plc LSE:PMO London Ordinary Share GB00B43G0577 ORD 12.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.71 2.37% 30.68 30.18 30.70 32.62 30.31 30.40 37,035,244 16:35:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1,194.9 77.3 15.0 2.1 284

Premier Oil PLC Chrysaor merger update

23/02/2021 7:00am

UK Regulatory (RNS & others)


Premier Oil (LSE:PMO)
Historical Stock Chart


From Feb 2021 to Mar 2021

Click Here for more Premier Oil Charts.

TIDMPMO

RNS Number : 9653P

Premier Oil PLC

23 February 2021

Premier Oil plc

("Premier" or the "Company")

Chrysaor merger update: UK regulatory condition satisfied, Mexican approval received

23 February 2021

Premier is pleased to announce that all of the regulatory conditions relating to the Company's merger with Chrysaor have now been satisfied and all of the requisite anti-trust approvals have been received.

Following receipt of notice from the Oil and Gas Authority (OGA), the regulatory condition to the Transaction regarding Premier's and Chrysaor's licence interests in the UK has been satisfied.

In addition, Premier has received anti-trust approval in relation to the merger from the Mexican Economic Competition Commission.

Following the positive creditor vote on 22 February, the Transaction remains subject to sanction by the Scottish Court of the restructuring plans expected to take place on 19 March.

Assuming the Scottish Court sanctions the restructuring plans, Premier expects the Transaction to complete on 31 March with Premier's shares to be readmitted to trading on 1 April as Harbour Energy plc.

Terms defined in the announcement of 6 October shall have the same meaning in this announcement.

Enquiries

Premier Oil plc 020 7824 1116

Richard Rose, Interim Chief Executive, Finance Director

Elizabeth Brooks, Head of Investor Relations

Camarco 020 3757 4983

Billy Clegg

Georgia Edmonds

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCFZGZZFZRGMZZ

(END) Dow Jones Newswires

February 23, 2021 02:00 ET (07:00 GMT)

1 Year Premier Oil Chart

1 Year Premier Oil Chart

1 Month Premier Oil Chart

1 Month Premier Oil Chart
ADVFN Advertorial
Your Recent History
LSE
PMO
Premier Oi..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20210307 10:18:13